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This newspaper page contains 15 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Feb 17, 1909
Page
15
A jittery market digests mixed signals about recession help and energy financing while rumors of price cutting by steel producers are largely discredited. The trading day shows cautious selling and scattered activity as investors weigh potential policy, industry responses, and broader economic headwinds.
New York stock market notes for Tuesday February 16 show mixed activity across bonds, oils, and industrials with quotations from major exchanges. The report tracks opening, high, low, and closing values for key issues, including government bonds, railroad stocks, steel and chemical firms, and commodities, reflecting a cautious but steady trading day with gains in some blue chips and declines in others.
The report compiles stock quotes from Thos 1 Hume & Co for the Washington Stock Exchange, detailing bonds, railroads, utilities, and miscellaneous listings. It lists prices, bid and ask ranges, and noteable issues like Capital Traction, Washington Gas, Georgetown Gas, and Mergenthaler Linotype among banks, trust companies, and mining stocks with multiple price points and after-call adjustments.
Quotations anal are wholesite prices only with Virginia North Carolina and Tennessee listings. Butter cheese poultry and meats show varied demand. dressed poultry and meats demand steady. vegetables receipts stable with prices for potatoes cabbage and sweet potatoes noted. green fruits and berries listed with pack, quality, and prices. dried fruits and apples show steady demand and specific pack descriptions.
Cattle rates firm and calves active despite mixed signals in New York and London markets. Cattle traded around 6.50 to 6.60 per cwt with steady to higher bids. sheep and lambs eased slightly as London spot and futures fluctuated. Iron markets were dull locally with little change from Cleveland quotes.
Chicago grain notes show May delivery at 14 14 1 4 for the day with May and July contracts rising amid bullish buying from longs and selling by shorts. Weather boosts movement receipts fall on heavy snows and favorable conditions. market closes higher than yesterday with May at 66 8 and July at 65 0.
New York grain reports show wheat firm with occasional strength in a rising May and July futures, oats advancing on unfavorable weather, rye and barley steady. Receipts around 5700 bushels for wheat, 4900 for corn, and 4307 for oats. spot prices mixed with elevators aiding firmness.
Treasury daily statement shows Feb 16 19n9 receipts 1132 414 39 from customs 291 3a 52 internal revenue and 158 133 Miscellaneous with a total postal portion 31 250 81 73. Expenditures 1 220 600 60 and a surplus 160 781 73. Beginning day holdings include gold coin bullion 448 Si o8e and various notes and coin. Available cash 2u9 648 676 76 with current liabilities 118 287 384 41 and available cash balance 140 361 202 15. Outstanding notes and certificates total 1 346 740 368 00 with gold and silver holdings pledged under trust funds and redemption divisions.
Live stock market brief from New York and Chicago screens cattle receipts around 4700 head with steady to firmer beef and calf values. Cattle receipts day steady to strong with steer prices near 4.50 to 4.75. calves and hogs show firm trade while sheep and lambs hold steady amid mixed bids.
Special to The Washington Fest reports that stormy weather dampened wire links and West gossip while Pittsburgh moved ahead with new steel price forecasts. United States Steel dominates as independents align, and bond and income security details from Union Pacific, Texas and Pacific, and Iron Mountain shape cautious market sentiment.
Local exchange activity shows Washington Railway and Electric Company bonds sold at 38 18, with nine shares of preferred stock trading at 91 2 and later 90 28, and additional lots changing hands after call. Capital Traction, Washington Gas, Georgetown Gas, and Lanston issues moved modestly. bank stocks saw notable turnover led by National City Bank and Metropolitan Bank. Stone & Fairfax Real Estate Corp assets and recent property transfers included, with rentals sustaining investment value.
The Horse Owners Protective Association led by secretary-treasurer Benjot Edwards denounces the Humane Society in a published reply. They oppose enforcement that funnels fines to informers and argue the association seeks credible trials by court, not out-of-court deals, to curb cruelty while defending horse owners against alleged abuses.
Receipts show heifers bulls cows and stockers with varied weights and prices. Hog and sheep categories list estimated values and market movement from the sale, noting higher prices and strong demand for sheep and lambs.
Plan to expand the Wyoming building with a 60 by 109 foot base and seven stories heighten capacity by 29 flats. Stanley Simmons preparing plans for the extension to add 22 apartments and 10 foot rear wing, with two existing elevators serving the main section.
New York produce price listings show firmer quotes across grains and staples with firm to steady movement. Notable items include flour, rye flour, cornmeal, oats, and rice holding, while fats, meats, and oils display steady to quiet tones. potatoes, cabbage, and other perishables reflect mixed but generally steady demand.
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